Jan 20, 2013 1:00pm PST
reduction, measures to help the economy, energy, we have a stacked agenda here. i think urgency in the country to address this. >> there is only one guy that can lead in washington that can find a solution to big problems and that is the president. >> reporter: so bottom line is that the president is going to try to hit the big picture themes in the inaugural address tomorrow afternoon outside the west pointed of the capital and say some of thels that will divide both sides of issue. he will save that for state of the union address when he heads back to capitol hill. >> gregg: thanks very much. >> heather: frustration preparation is under way as washington gets welcome to hundreds of thousands of guests. carl cameron is at the national mall with more on that. >> the historic nature of inaugurating the first black african-american president is much different right now. it was a worldwide celebration and there were ten inaugural balls in washington, d.c. president and michelle obama went ball to ball in a big celebration. this time around, nations the challenges the country faces
Jan 20, 2013 12:00pm PST
. this is likely to be more subdued out of deference to the economy and national challenges faced by the u.s.a. and the new president there are metrics to show. four years ago there was about 2 million people that showed up. this time around, experts are predicting somewhere between 600,000 to 800,000 so it could be a third of the crowd four years ago. in addition these are not expensive activities trick when you consider he has taken the oath of office and in his second term but they will do in ceremony. last time around it cost $53 million and obama administration raised that money. a lot of money but that was pretty significant amount of cash. this time around, in order to raise something close to it. they changed the rules. no more limitation to private donors, they are using corporate money something that barack obama disdained but that is something he would like to steer clear of. $50,000 cap made it kept to small donors, they have blown that off, too. they are not likely to match the number four years ago, $40-50 million, another time the second time around enthusiasm tends to wane.